Listing Agency: TRUE Commercial Real Estate LLC Show Phone

Listed By: Dominick Musilli · License #CT

Source: Crexi

Added: Jul 18, 2024 Changed: Aug 8 Last Checked: Jul 24 at 10:32AM

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Investment Insights

Based on property information with market context.

This is an 8,000 square foot restaurant property available for sale or lease. The property is a fully built-out restaurant.

Key Highlights

• Fully built out restaurant
• Available for sale
• Available for lease

Property Analytics

Property Profile

Current Use

Local Kitchen & Beer ... Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Big Box & Wholesale Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

456

Businesses Nearby

414k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 24% Shops & Services 23% Superstores 21% Groceries 17%

Walmart Superstores

88,563 visits/mo 0.5 miles

Kohl's Apparel

47,502 visits/mo 0.3 miles

Big Y World Class Market Groceries

41,280 visits/mo 0.2 miles

Aldi Groceries

30,589 visits/mo 0.4 miles

Dollar Tree Shops & Services

23,866 visits/mo 0.2 miles

Demographics for 06405, CT

28,171

Population

14,334

Households

2

Avg Household Size

51

Median Age

50%

College-Educated

96%

High-School Grad

21.6 sq mi

ZIP Area

1,304

Density / Sq Mi

$97,223

Median Household Income

$63,402

Median Earnings

$1,529

Median Rent

$388,300

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - 8,000 sqft fully built-out restaurant available for sale or lease.

Where is this conventional restaurant located?

The property is located at 850 W Main St Branford, CT.

What are key features of this property?

This property features: Fully built out restaurant; Available for sale; Available for lease